Overview
What is Blackbaud Financial Edge NXT?
Financial Edge NXT is a cloud accounting solution tailored for nonprofits that provides a general ledger, projects, grants, endowments, accounts payable and receivable, fixed assets, banking, and more. It offers real-time reporting, with one-click drill-down functionality and export capability.
Blackbaud Financial Edge NXT... great for small schools.
Blackbaud Financial Edge NXT - the Best Financial System
Very nice!
Simply the Best! Blackbaud Financial Edge NXT
MS 365 and Blackbaud FE NXT
Blackbaud Financial Edge NXT is for Me
Blackbaud Financial Edge NXT, for the WIN!!
Much improved from Great Plains
Not-For Profit Blackbaud Financial Edge NXT Customer
Improved productivity
Old and new user and a bookkeeper my entire working life
overview of Blackbaud FE
if you are a new user, the …
Bumps along the way, but ultimately made our department way more efficient.
Fantastic! Offering the ability to effectively work now while growing for future advancement.
Awards
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Pricing
What is Blackbaud Financial Edge NXT?
Financial Edge NXT is a cloud accounting solution tailored for nonprofits that provides a general ledger, projects, grants, endowments, accounts payable and receivable, fixed assets, banking, and more. It offers real-time reporting, with one-click drill-down functionality and export capability.
Entry-level set up fee?
- Setup fee required
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
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Product Details
- About
- Integrations
- Competitors
- Tech Details
- Downloadables
- FAQs
What is Blackbaud Financial Edge NXT?
Financial Edge NXT is a cloud accounting solution from Blackbaud that is designed to provide transparency across teams, security, compliance, and reduce the need for manual processes. The system is a fund accounting solution that provides a general ledger, projects, grants, endowments, accounts payable and receivable, fixed assets, and banking.
This solution includes a personalized dashboard and customizable views. Financial Edge NXT enables users to closely monitor income statements, program-to-expense ratios, cash balances, and other key metrics. Financial Edge NXT offers real-time reporting, with one-click drill-down functionality and export capability, to enable data-driven decisions in real time.
The system allows users access to grant and project accounting that allows for streamlined management of budget, as well as a way to effectively monitor accounts and generate reports. The vendor’s value proposition is that by using Financial Edge NXT, nonprofits can reduce dependency on manual processes, thus improving data entry accuracy.
Blackbaud Financial Edge NXT Features
- Supported: Cloud Based
- Supported: advanced allocations management
- Supported: Flexible chart-of-accounts structure
- Supported: Project, Grant and Endowment reporting
Blackbaud Financial Edge NXT Screenshots
Blackbaud Financial Edge NXT Video
Blackbaud Financial Edge NXT Integrations
- PairSoft
- BizNet Software
- AvidXchange
- Infor F9
- Advanced Budget Management
Blackbaud Financial Edge NXT Competitors
Blackbaud Financial Edge NXT Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | Apple iOS, Android, Mobile Web |
Supported Countries | United States, Canada |
Supported Languages | English |
Blackbaud Financial Edge NXT Downloadables
Frequently Asked Questions
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Reviews and Ratings
(275)Attribute Ratings
Reviews
(26-50 of 138)Best Customer Services
- The way they have their deposits setup in the database is well done. It is very simple, and all the options are right there.
- I like the way fixed assets record the information and the history option.
- I would like to see an option to attach documents in the database. Also, to be able to attach deposit documents in the web view.
- Query could be a little simple, to run special reports.
Outstanding user friendly product
- Copies prior transactions for easy entry
- Well defined reports
- Easy bank reconciliation
- Sometimes there is a slight loading glitch where you are waiting for something to load.
- Sometimes transactions default to the first value instead of the correct value. My transactions sometimes default to petty cash.
- Robust tools for custom reports ("Chart Organizer") and dashboard design
- Integration with financial institutions for real-time updates to bank registers and purchase card activity
- Media storage - this product allows for attachments at every level, so that documentation for every journal entry, deposit, invoice, vendor, and payment is immediately at hand, which has revolutionized the annual audit process for me, and particularly for remote audits post-COVID.
- Drop the "database view" and provide all functionality within the "web view" of the product. It's annoying to have to jump back and forth to take care of certain tasks.
- Add the ability to search by transaction amount.
- In a payment distribution where amounts are split between Projects sometimes, the system changes the distribution when posting to a percentage-based split rather than the specific amounts I entered, causing the splits to be off by cents. This can go unnoticed until individual Projects are found to be slightly out of balance, forcing otherwise unnecessary journal entries.
- Dashboard data is not refreshed often enough.
Grant specific tracking
- Separate project accounting
- Easily reclass expenses by Invoice
- Reporting is easy to understand
- Journal entries can be copied and edited
- Accounts Receivable is not the most user friendly module
- Some feature to consolidate Project FS, and have each in a column for reporting
- I wish AP entries were updated in real time, not just when you validate and post
- Provides 2 interfaces: Web view and database view
- Database view allows for more functionality
- In my experience, implementation process was a complete nightmare
- In my opinion, customer support is severely lacking. In my experience, it is extremely difficult getting support to understand issues, and when help is provided users are referred to "go read an article" for the solution
- In my experience, the system is NOT flexible and cannot be easily adapted to unique circumstances
A fundraising friend
- Grants setting
- projects setting
- database
- It's slow when I do some edit.
Your Only Accounting Solution - FENEXT
- Reporting
- Dashboard
- Budget Creation
- Expense Management
- Accounts Payable process.
- HR component
Working in conjunction with Advancement Team and other Blackbaud Products
City Light Blackbaud Review
- Fund accounting
- Great user interface
- Extensive knowledge center
- Cannot parse CC expenses on Amex feed by card user
- Ability to attach statements to bank accounts
- Reconciliation of credit card accounts
- Easier integration for ACH and EFTs
- Easier integration for Positive Pay
- Easier user interface for report creation
Blackbaud Financial Edge NXT
- Import uploads
- Vendor management
- Processing invoices
- Would like to enter credits directly into Purchase Orders
- For purchase orders, would like to be able to Receipt All for a specific date, not today's date
- Would like to use short cuts such as Ctrl + E in web-based Financial Edge, not just database
My point of view
- User friendly
- Useful reports
- When pulling up a vendor, I would like a popup to alert for special information.
- I do not like that we can no longer post from the dataview side.
I work in all aspects of Accounts Payable.
- It is very customizable to our needs
- It lets you run reports through Invoices
- works well for a team
- Runs great Queries in Database
- I'd like to be able to add (+) in the amount fields
- I think the Batch Payment File could be improved to upload without making adjustments
- Better Drill down and more info on Vendor records
NXT - Love the reporting features!
- Navigation
- Formal reporting
- Data reporting
- Make JE prep more similar to the database where is it much more user friendly
Excellent Product
- Reporting
- Training
- Grant Management
- Banking Links
- Accounts Recievable
- Customer Service - resolving issues
Still Needs Work
- Reporting
- Ability to add attachments to some records
- Functionality for Accounts Receivable
- Full reporting for bank reconciliations
- Reporting format in Excel
- Finding reports in search box is nice
- Add everything from the database view to NXT
- Exporting Reports should be one click and quicker
- Automated Bank rec/imports
A product that addresses accounting needs well.
- Cloud-based.
- General Ledger module.
- AP module.
- When exporting reports into Excel format, I quite often run into errors that I have to try restarting the program from time to time.
- When generating a pop-out error message, please try to make the message clear to users with a description of suggested solutions.
- Fund Accounting
- Payables
- Cloud-based
- Cash flow reporting
- NXT still lacking some features
CFO Review
- General Ledger Reports
- Trial Balance
- Checking account integration
- Ease of access
- Speed when running complex reports
- Speed when editing multiple lines of a budget
- Import budget directly into NXT instead of through the database
- Reports
- Finding journal entries by partial name
- Finding account numbers by partial number or description
- Attachments to JE and AP
- AP posting by period
- Journal Entry edit (ROWS)
- Security set up sometimes is difficult in NXT
Blackbaud--the bible with a little "b"
- Reporting
- Accepts several scenaria: actual, budget, forecasts
- Provides financial information on each and every endowed donor fund
- When doing a vendor search, the spelling, capitalization and punctuation have to be exact or FE thinks the vendor does not exist.
- FE does not allow the GL code to be printed on the check stub. Sure would be helpful if it did.
- I would like to see the notes we are allowed to enter into the system (i.e. reason for changing a forecasted number) be retrievable in a report.
FE NXT - Why Didn't I Switch Sooner???
- Reporting - users can create and design their own reports
- Budgeting - annual budgets can be entered, allowing for great budget-to-actual reports throughout the year. Budgets can also be easily adjusted as the year progresses
- Media - FE NXT allows for media attachments. This is a great place to electronically store copies of invoices, 1099s, W9s, contracts, correspondence, etc.
- Credit Card Feed - the credit card feed would not link to the local bank that our credits cards were from; we switched to a national bank, however, and hopefully the issue will be eliminated!
- Accounts Payable
- Fixed Asset
- Merchant Services
- Admin access could be made more user friendly
- Improving the process time between adding new records (A/P, JEs, etc.)
- Customer service
My Review
- Ability to drill down to detail
- Ease of navigation
- Reporting on attributes is difficult
- Not having detail in GL until the AP/AR is posted, even though JEs are available when entered, pre-posting
- RE/FE Integration
- Project ID's associated with G/L account numbers
- Refresh bank feeds
- Customer service needs improvement. Support tends to not be very helpful.
Financial Edge NXT Review
- Expense Management is very useful
- Accounts Payable is done without problems
- Bank Reconciliations are done without problems
- Tech support is not responsive all the time or reads from the same Knowledge base we have access to
- Pricing is a challenge every year and do not give enough time to question new charges
- Some functionality is missing for Reporting. Variable dates and batches are not available in NXT